Saudi Arabia, a nation that has a great amount of oil reserves, oil supply and with an immense amount of decades it can provide oil.
According to a UBS survey, there is a total of 265 billion barrels –about 19.1% oil reserves, 11.75 million barrels or about 13.2% oil supply daily and 72.4 years remaining in Saudi Arabia, as the top 1 list in the Business Insider’s 15 counties sitting on gigantic oceans of oil. Next is Venezuela, with 211 billion barrels in oil reserves.